Carson City Morgan Dollar Minimum Prices?

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Author	Replies: 8 / Views: 1,587
Ant76 Valued Member United States 320 Posts	Posted 08/06/2014 4:14 pm Do cc morgans ever trade at melt/spot prices? Are there always going to be a minimum price for a cc regardless of it condition? I saw one today that looked as if it was sanded. You can see the face and date on the front, eagle on the back clearly. It was priced at $77. Believe me when I tell you someone took sandpaper to it. The date was 1883. Is it worth buying because its a cc? Or is it for someone looking to fill a spot in a set at a low cost? Thanks Report this Post to the Staff

TypeCoin971793 Pillar of the Community United States 6370 Posts	Posted 08/06/2014 4:25 pm I bought one for melt once. It was harshly cleaned, had some grafitti, and slightly bent. It cost $17.50. Hope that helps! Report this Post to the Staff
chasingtailbar Pillar of the Community 968 Posts	Posted 08/06/2014 5:29 pm You're only getting a CC for melt if somebody screws up. I bought a '90-CC in problem-free VG for $25 before, I consider that one of the better deals I've gotten on a CC Morgan when buying an individual coin. Also, a piece of advice for you as a new collector; Don't buy problem coins. You'll regret it later. I do. Edited by chasingtailbar 08/06/2014 5:30 pm Report this Post to the Staff
NumisRob Bedrock of the Community United Kingdom 17918 Posts	Posted 08/06/2014 5:56 pm I'm amazed at how the prices of most CC dollars have shot up in the past 20 years! I've got a May 1992 issue of COINage in which a dealer advertises a 'borderline UNC' 1892CC for $145 and another dealer has an 1893CC in VG for $39 and another in Fine for $52! My Trade List: https://goccf.com/t/194596 My Wants List: https://goccf.com/t/191710 Report this Post to the Staff
thq Pillar of the Community United States 3343 Posts	Posted 08/06/2014 7:14 pm CC coinage price is up enough over the last 20 years to match inflation. Most collector coins haven't kept up. The cheapest cc Morgan I've gotten in the last year is an 1890 in Good for $38. Well above melt, but too hard for me to resist. "Two minutes ago I would have sold my chances for a tired dime." Fred Astaire Edited by thq 08/06/2014 7:14 pm Report this Post to the Staff
zxcccxz Pillar of the Community Canada 5417 Posts	Posted 08/06/2014 11:16 pm I've bought a 1883-CC for $30 when it's silver melt was around $24 but it was aG-3, and an 1890-CC in aG-03 for $32 when silver melt was around $20. My dealer once had a 1882-CC that had a lot of deep grafitti on both sides and that was priced right around melt. Usually though, they are always sold at a premium unless you get lucky at a pawn shop or something. Edited by zxcccxz 08/06/2014 11:20 pm Report this Post to the Staff
santafeboy Pillar of the Community United States 593 Posts	Posted 08/06/2014 11:35 pm My cheapest prices were an 1878 in about G-4 for $35 and an 1890 about VG-8 for $47 including shipping Report this Post to the Staff
carnold744 Valued Member United States 415 Posts	Posted 08/07/2014 10:02 pm I just snagged a 1878 for 42 bucks on ebay. Report this Post to the Staff
stampvirgin Pillar of the Community United States 1247 Posts	Posted 08/08/2014 07:23 am CC morgans have a unusually high price only because of demand. Report this Post to the Staff
	Replies: 8 / Views: 1,587

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